Fair Value (Tables)

9 Months Ended

Oct. 01, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets and liabilities measured and recorded at fair value on a recurring basis at the end of each period were as follows:

	October 1, 2016								December 26, 2015
	Fair Value Measured and Recorded at Reporting Date Using								Fair Value Measured and Recorded at Reporting Date Using
(In Millions)	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents:
Corporate debt	$	—	$	113	$	—	$	113	$	—	$	1,829	$	—	$	1,829
Financial institution instruments	1,910		785		—		2,695		8,238		1,277		—		9,515
Government debt	—		50		—		50		—		130		—		130
Reverse repurchase agreements	—		768		—		768		—		2,368		—		2,368
Short-term investments:
Corporate debt	492		823		14		1,329		336		764		20		1,120
Financial institution instruments	195		1,405		—		1,600		145		927		—		1,072
Government debt	93		248		—		341		65		425		—		490
Trading assets:
Asset-backed securities	—		153		7		160		—		275		94		369
Corporate debt	2,273		920		—		3,193		1,744		564		—		2,308
Financial institution instruments	904		675		—		1,579		930		701		—		1,631
Government debt	2,399		2,416		—		4,815		1,107		1,908		—		3,015
Other current assets:
Derivative assets	—		313		—		313		32		412		1		445
Loans receivable	—		292		—		292		—		137		—		137
Marketable equity securities	6,022		—		—		6,022		5,891		69		—		5,960
Other long-term investments:
Asset-backed securities	—		—		—		—		—		—		4		4
Corporate debt	1,063		842		—		1,905		407		801		—		1,208
Financial institution instruments	697		924		—		1,621		171		381		—		552
Government debt	468		195		—		663		79		48		—		127
Other long-term assets:
Derivative assets	—		178		67		245		—		30		10		40
Loans receivable	—		311		—		311		—		342		—		342
Total assets measured and recorded at fair value	16,516		11,411		88		28,015		19,145		13,388		129		32,662
Liabilities
Other accrued liabilities:
Derivative liabilities	—		368		—		368		2		210		—		212
Other long-term liabilities:
Derivative liabilities	—		21		—		21		—		33		—		33
Total liabilities measured and recorded at fair value	$	—	$	389	$	—	$	389	$	2	$	243	$	—	$	245

Financial Instruments Not Recorded At Fair Value On Recurring Basis [Table Text Block]

The carrying amounts and fair values of financial instruments not recorded at fair value on a recurring basis at the end of each period were as follows:

	October 1, 2016
(In Millions)	Carrying Amount		Fair Value Measured Using						Fair Value
			Level 1		Level 2		Level 3
Grants receivable	$	557	$	—	$	559	$	—	$	559
Loans receivable	$	265	$	—	$	265	$	—	$	265
Non-marketable cost method investments	$	3,157	$	—	$	—	$	4,014	$	4,014
Reverse repurchase agreements	$	250	$	—	$	250	$	—	$	250
Short-term debt	$	3,557	$	2,003	$	2,195	$	—	$	4,198
Long-term debt	$	24,043	$	15,880	$	10,543	$	—	$	26,423

	December 26, 2015
(In Millions)	Carrying Amount		Fair Value Measured Using						Fair Value
			Level 1		Level 2		Level 3
Grants receivable	$	593	$	—	$	600	$	—	$	600
Loans receivable	$	315	$	—	$	315	$	—	$	315
Non-marketable cost method investments	$	2,933	$	—	$	—	$	3,904	$	3,904
Reverse repurchase agreements	$	1,000	$	—	$	1,000	$	—	$	1,000
Short-term debt	$	2,593	$	1,513	$	1,563	$	—	$	3,076
Long-term debt	$	20,036	$	14,058	$	6,835	$	—	$	20,893
NVIDIA Corporation cross-license agreement liability	$	199	$	—	$	200	$	—	$	200